Oil could still hit $150 a barrel with OPEC+ ‘in the driver’s seat’: J.P. Morgan
November 29, 2021 at 11:54 AM EST
Oil futures can shake off the omicron-inspired selloff and “overshoot” to the upside, potentially “overshooting” to $150 a barrel in 2023 with OPEC+ “firmly in the driver's seat,” say analysts at J.P. Morgan.
